> For the complete documentation index, see [llms.txt](https://palpaw-token.gitbook.io/palpaw/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://palpaw-token.gitbook.io/palpaw/presale/private.md).

# Private

The first fundraising round for PalPaw commenced as a seed round, known as a private presale. While open to anyone for participation, the majority of contributors were within the social circles of the team and core community members.

#### Raise Information <a href="#raise-information" id="raise-information"></a>

| Description | Amount ($SOL) |
| ----------- | ------------- |
| Soft Cap    | 20.00         |
| Hard Cap    | 500.00        |

**Token Allocation per $SOL**: 50,000.00

#### Contribution Information <a href="#contribution-information" id="contribution-information"></a>

| Description          | Amount ($SOL) |
| -------------------- | ------------- |
| Minimum Contribution | 0.01          |
| Maximum Contribution | 5.00          |

**Objective:** The primary objective of this funding round is to secure the capital needed for an initial runway. Funds raised will be allocated as follows:

* 90% of the SOL raised will be utilized for liquidity provision of the PalPaw token on the [Raydium](https://raydium.io/) decentralized exchange.
* 10% of the SOL raised will be allocated for administrative expenses, including but not limited to legal, marketing, and operational costs.

**Note to Contributors:** Please ensure that you provide accurate and complete information in the Private Sale form to facilitate the token purchase process. Your contribution will play a crucial role in building the PalPaw community, marketing the project, and covering operational expenses essential for the project's development and launch.

Thank you for your interest in PalPaw's seed round. Together, let's embark on this exciting journey to revolutionize the crypto space!


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